Archive By Section - Business
When evaluating performance, avoid some common mistakes
As an investor, you might think it's easy to evaluate your investments" performance. After all, the bigger the gain, the better, right? This statement is true enough, but as an investment strategy, it's incomplete - and, if followed rigidly, it could lead you to make some mistakes that could hinder your progress toward your financial goals.
Clock ticks on tax credit extension
Effingham County residents can benefit from the Homebuyer's Tax Credit Extension legislation, which has been extended to include sales occurring between Jan. 1, 2009 and April 30.
A sweet day for Sweetwater Grill
Sweetwater Grill co-owners Wyatt Aiken and Lori Masters couldn't have been happier as members of the Effingham Chamber of Commerce gathered Saturday morning for a formal ribbon cutting, to welcome the new restaurant to the county.
A double celebration
The Effingham County Chamber of Commerce held a ribbon cutting Thursday as Troy Allen opened his new business as the representative for Grant Financial and New York Life on Thursday afternoon. The event also marked the sixth anniversary of Burns Insurance Associates, owned by Brooke Burns.
State eyes huge impact from EFACEC
EFACEC's power transformer manufacturing plant outside of Rincon looks to play a vital role in re-energizing the regional economy with a net state impact of $23.75 million and an additional Effingham County impact of $39 million by 2017, according to figures from the Georgia Department of Economic Development's Global Commerce Division.
Upgrades continue throughout Rincon
Georgia Power is getting ready to upgrade transformers in the Rincon commercial area in advance of a planned power outage April 12. The affected area will include the Subway Shop, the Sonic, the Days Inn, Effingham Herald offices and others in the commercial center along Highway 21.
Effingham Hospital Employee of the Year
Christine Hendrix, the social service coordinator at the Effingham Care Center, was named the Effingham Hospital and Care Center employee of the year for 2009.
Goody’s welcomed back to square
It didn't take long for the crowds to start filling up the reborn Goody's in Rincon.
Georgia Ports riding a wave of increased trade
Georgia Ports Authority's Executive Director Curtis J. Foltz announced Monday at its board meeting that the GPA continued to experience positive growth during February and has recorded three consecutive months of increased trade through its ports.
Back in business
The finishing touches are going in place for the rebirth of Goody's. District manager Phillip Brown and store manager Mark McDuffie, and a host of employees, are preparing the Fort Howard Square anchor for its March 24 grand opening. A ribbon cutting will take place at 8:45 a.m. that day, with the doors swinging open at 9 a.m. The total process started months ago, Brown said, when the company decided to get back into the ...
Notable achievements at Effingham Hospital
Kay R. Zettler, RHIT, recently completed the American Health Information Management Association in Chicago Cluster Coding certification
GSU seminar to cover ADA responsibilities for managers
Georgia Southern University invites business leaders to attend a 90-minute seminar and learn how the Americans with Disabilities Act affects them.
Metro jobless rate jumps
ATLANTA –- The Georgia Department of Labor reported Wednesday that the preliminary unadjusted unemployment rate in metro Savannah rose to 9.3 percent in January, up eight-tenths of one percentage point from a revised 8.5 percent in December. Meanwhile the number of unemployed workers in the area increased to 16,315, up 1,496 from 14,819 in December.
A year after market low, how should you invest?
It's been about a year since stock prices hit their low point during the long bear market. Since then, of course, we've seen a big rally, but some of the decisions you made when the market was at its lowest point may still be affecting your portfolio's performance and prospects. So now that we've reached the one-year anniversary of the market bottom, it's a good time to see where you are today and how you can prepare for tomorrow.
USDA revises farmers trade aid program
Hobby Stripling, state executive director of USDA's Farm Service Agency in Georgia announced that USDA has a revised Trade Adjustment Assistance for Farmers Program. Under the program, the USDA provides technical assistance and cash benefits to eligible producers of raw agricultural commodities and fishermen who have been hurt by import competition.
Articles by Section - Business
Metro Savannah jobless rate jumps to 8.8 percent
ATLANTA-The Georgia Department of Labor announced today that the preliminary unemployment rate in metro Savannah rose to 8.8 percent in December, up four-tenths of a percentage point from 8.4 percent in November. The jobless rate in metro Savannah in December a year ago was 9.0 percent.
GPA marks big year for 2011
Georgia Ports Authority Executive Director Curtis J. Foltz announced Monday that the Ports of Savannah and Brunswick experienced record volumes in calendar year 2011 and handled 26.1 million tons of cargo, an additional 1.1 million tons, or a 4.3 percent increase.
Rincon Food Lion slated to close
SALISBURY, N.C.-Delhaize America has announced it is closing 113 Food Lion stores, including its location in Rincon.
Frozen treats fast becoming a favorite
Ed Beaty is not too keen on desserts himself, but after seeing their popularity, he's quenching the cravings of Effingham's sweet tooth folks with his frozen yogurt shop.
Brooks to serve another term on hospital authority
Ronnie H. Brooks has been re-appointed to serve as the Rincon representative on the Effingham County Hospital Authority. Authority members chose Brooks from three candidates submitted by the Rincon City Council.
HeritageBank of the South to offer stock re-buy
ALBANY-Heritage Financial Group, Inc. (NASDAQ: HBOS), the holding company for HeritageBank of the South, announced that its board of directors has approved a new stock repurchase program.
After a big year, wrecker owner says ‘thanks’
It's been a good year for Greg Smithey and Smithey's Wrecker Service, so much so he couldn't wait to express his thanks to his customers.
HeritageBank of the South approves stock repurchase
ALBANY-Heritage Financial Group, Inc. (NASDAQ: HBOS), the holding company for HeritageBank of the South, announced that its board of directors has approved a new stock repurchase program. The program authorizes the company to repurchase up to approximately 5 percent of its outstanding common stock, or approximately 435,000 shares.
A gift for the new hospital
Vince Exley, of the Georgia Salzburger Society, presented a framed print to Norma Jean Morgan, CEO Effingham Health System, for the new hospital.
Great Dane job fair draws a crowd in the thousands
A job fair expected to attract 1,500 people to Ogeechee Technical College Wednesday, had already processed that many applicants by noon. By 6 p.m., 3,500 people had filled out employment applications to be part of Great Dane's initial workforce when its 450,000-square-foot manufacturing plant opens in Statesboro early next year.
State jobless rate dips under 10 percent
ATLANTA-Georgia's seasonally adjusted unemployment rate declined to 9.9 percent in November, down three-tenths of a percentage point from 10.2 percent in October. The one-month decline is the largest in 34 years. The jobless rate was 10.4 percent in November a year ago.
Verizon brings 4G LTE service to Rincon
More Verizon Wireless customers in more areas of the Savannah metropolitan area can take advantage of Verizon Wireless' 4G Long Term Evolution (LTE) network.
Citizens of Georgia Power bake up holiday help
With the help of local contractors (Airco Industrial, The Mcgraley Company, TOPSSCO Sales and Service, Citizens of Georgia Power, Action Insulation, Industrial Technical Coatings, White Electric and Alstom Power), employees at Georgia Power's Plant McIntosh in Rincon will be donating $6,370 to help families in the community. For more than 20 years, the employees at Plant McIntosh have supported the Effingham County Empty Stocking Fund with their annual Baked Goods Auction. On-site security officer, Buford ...
Business after hours
The Effingham Chamber of Commerce and Reiser and Reiser ushered in the holidays during a recent business after hours in Guyton.
Dickey graduates from Georgia Academy
Brian Dickey of Georgia Power graduated from the Georgia Academy for Economic Development, taking part in the Region 12 multi-day training program. Class participants represented a number of professional and non-professional economic development fields, including elected officials, public servants, business leaders, educators, and social service providers from Coastal Georgia. The curriculum provides insights into the complexities of economic and community development on the local, regional and state levels. Created in 1993 by then-Governor Zell Miller's ...
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